Outcome of Board Meeting

~ ASTRAL August 12, 2026 To To BSE Limited National Stock Exchange of India Limited P J Towers Exchange Plaza, C-1, Block G Bandra Kurla Dalal Street Complex, Bandra (East) Mumbai – 400 001 Mumbai – 400 051 Symbol: ASTRAL Scrip Code: 532830 Dear Sir/Madam, Subject: Outcome of the Board Meeting In compliance with Regulation 30 read with Part A of Schedule Ill of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that the Board of Directors (“the Board”) of the Company at its meeting held today i.e. August 12, 2026, has inter-alia, considered and approved the unaudited standalone & consolidated Financial Results of the Company for the quarter ended June 30, 2026 pursuant to Regulation 33 of the SEBI Listing Regulations. A copy of the same along with limited review report by the Statutory Auditors are enclosed herewith. The meeting of the Board of Directors commenced at 03:00 p.m. and concluded at 03:45 p.m. We request you to kindly take the above on record. Thanking you, Yours faithfully, For Astral Limited Chintankumar Patel Company Secretary Membership No.: A29326 Encl.: As above Astral Limited CIN: L25200GJ1996PLC029134 Registered & Corporate Office: 'Astral House', 207/1, Behind Rajpath Club, Off S. G. Highway, Ahmedabad -380 059, Gujarat, India. P: +91 79 6621 2000 I F: +91 79 6621 2121 I E: info@astralltd.com I W: astral ltd.com SR BC& CO LLP 21st Floor, B Wing, Privilon Ambli BRT Road, Behind lskcon Temple Off SG Highway, Ahmedabad -380 059, India Chartered Accountants Tel : +91 79 6608 3900 Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Astral Limited I. We have reviewed the accompanying statement of unaudited standalone financial results of Astral Limited (the "Company") for the quarter ended June 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition arid measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles Iafd down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For S R B C & CO LLP Chartered Accountants ICAI Firm registration number: 324982E/E300003 ~ vrani Partner Membership No.: 629006 UD IN: 26062906ZXTUZE863 8 Place: Ahmedabad Date: August 12, 2026 SR 8 C & CO LLP, a Limited liability Partnership with LLP Identity No. AAB-4318 Regd. Office: 22, Camoc Street, Block '8', 3rd Floor, Kolkaii1·700 016 ~ ASTRAL STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 (Rs. In Million, except as stated otherwise) Quarter ended Year ended June 30, March 31, June 30, March 31, Sr. No. Particulars 2026 2026 2025 2026 (Audited) (Unaudited) (Unaudited) (Audited) (Refer Note 2) 1 Revenue from Operations 13,678 19,028 12,071 59,076 2 Other Income 167 178 153 584 3 Total Income (1+2) 13,845 19,206 12,224 59,660 4 Expenses a. Cost of Materials consumed 9,834 10,580 7,720 34,457 b. Purchase of traded goods 254 367 207 1,096 c. Changes in inventories of finished goods, work- (2,011) 410 (623) (95) in-progress and traded goods d. Employee benefits expense 1,256 1,165 1,104 4,473 e. Finance Costs i. Borrowing Cost 47 52 43 194 ii. Exchange Fluctuation (25) 161 44 325 f. Depreciation and amortisation expense 579 570 559 2,256 g. Other expenses 2,095 2,647 1,868 8,531 Total Expenses 12,029 15,952 10,922 51,237 5 Profit before exceptional items and tax (3-4) 1,816 3,254 1,302 8,423 6 Exceptional Items {Refer Note 3 & 4) - 20 - 185 7 Profit before tax (5-6) 1,816 3,234 1,302 8,238 8 Tax expense {Refer note 6) 458 857 336 2,128 9 Net Profit for the period/year (7-8) 1,358 2,377 966 6,110 10 Other Comprehensive lncome/(loss) (net of tax) Items that will not be reclassified to Profit and - (0) - (0) Loss 11 Total Comprehensive Income for the period/year 1,358 2,377 966 6,110 (9+10) 12 Paid up Equity Share Capital (Face Value of Re.1/- 269 269 269 269 each) 13 Other Equity excluding Revaluation Reserves 40;789 14 Earnings Per Share (of Re. 1/-each) {Not Annualised): -Basic (In Rs.) 5.05 8.85 3.60 22.74 -Diluted (In Rs.) 5.05 8.85 3.60 22.74 See accompanying notes to the Standalone Financial Results SIGNED FOR IDENTIFICATION PURPOSt NLY SRBC & CO LLP Astral Limited CIN: L25200GJ1996PLC029134 Registered & Corporate Office: 207/ 1, 'Astral House', B/h Raj path Club; ·off S. G. Highway, Ahmedabad -380059, Gujarat, India. P: +9179 6621 2000 I F: +9179 6621 2121 I E: info@astralltd.com I W: astralltd.com ~ ASTRAL Notes: 1 The above results have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on August 12, 2026 and reviewed by the Statutory Auditors of the Company. 2 Figures for the quarter ended March 31, 2026 represents the difference between the audited figures in respect to the full financial year and the published figures of nine months ended December 31, 2025 which were subjected to limited review. 3 During the previous year, on November 21, 2025, The Government of India has consolidated multiple existing labour legislations into a unified framework comprising four Labour Codes collectively referred to as the 'New Labour Codes'. Under Ind AS 19, changes to employee benefit plans arising from legislative amendments constitute a plan amendment, requiring recognition of past service cost immediately in the Statement of Profit and Loss. The New Labour Codes has resulted in estimated one time increase in provision for employee benefits of the Company amounting to Rs.165 million. Given its materiality and regulatory-driven, non-recurring nature, this impact is presented under "Exceptional Items" in [Showing first 8,000 characters — download PDF for full document]